Address
TBD FM 181, Seminole, TX
Price
$ 4,980,000
Property Attributes
- MLS#50059622
- TypeLand
- CountyGAINES
- CitySeminole
- AreaGaines Cnty
- NeighborhoodAcreage
- Zip79360
- StyleIndividual Lot
- Price$ 4,980,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size3331 Acres
Data Source:
Permian Basin BOR (PBBOR)
Property Description
This is a continuous 3,331 acre piece of property located in a hotbed of organic and dryland farming. Currently the property is enrolled in the Conservation Reserve Program (CRP) with rolling renewal dates. The current CRP has an estimated yearly return of $181,375 and makes this a great option for an income producing 1031 exchange or buy out the CRP contract and place into production. Current owner does not own the water rights.
| Elementary School | Middle School | High School |
|---|---|---|
| F J Young Elementary School | Seminole Junior High | Seminole High School |
| Price History | |
|---|---|
| 6/22/2023 | Listed $5,995,000 |
| 9/28/2023 | 17% - $4,980,000 |
General Features
| Elementary School | F J Young |
|---|---|
| High School | Seminole High School |
| Middle School | Seminole Junior High |
| School District | Seminole ISD |
| Subdivision | Acreage |
| Virtual Tour | tour.usamls.net/Tbd-Fm-181-Seminole-TX-79360/unbranded |
| current use | crp |
Interior Features
| Game | Deer/Elk/Antelope, Dove/Quail/Pheasant |
|---|---|
| Internet | 1 |
Exterior Features
| Price Per Acre | 1495 |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 79360
Price
Odessa Board of Realtors® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Permian Basin Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
